Monthly Archives: November 2013

Placement: Whose job is it anyway?

There is a saying that, “It takes a village to raise a child.” Well, it takes a “village” to secure a placement too, and even then, a placement is not guaranteed.

Ultimately, the actual placement lies in the hands of the recruit and the company offering the job; however, there is much that needs to be done by various stakeholders to secure an opportunity for placement.

Everyone involved must recognize that placement is not an event. Placement is a process, often coordinated by the educational institution – in our case, a B-school. As with any process, the quality of the outputs depends upon the quality of the inputs and the process itself.

The placement process begins with the recruitment of students to our educational programs. When B-schools recruit for placement, we look for students who have had a variety of experiences – academic, volunteer and business, and good communication skills, as well as good academic skills.

Emphasis on subject matter is the primary focus of an educational institution, and this is certainly true at MYRA School of Business where our students, outstanding international faculty and successful business persons collaborate to co-create a research-based, experiential learning environment.

Throughout the educational process we provide opportunities for students to build relationships with our corporate partners, NGO’s and government agencies through projects, guest speaking engagements, internships, and other networking events. Opportunities for community service and opportunities to create and lead are also needed so the students can practice the soft skills that are demanded by recruiters.

Realistic expectations on the part of the student and on the part of the recruiter can be developed through Career Fairs where working professionals (not just recruiters) can explain workplace cultures and conditions and job expectations, and can interact with the students who may one day be interviewing for jobs.

To help students obtain and prepare for interviews, the educational institution often provides “Coaching” in résumé writing, cover letter writing, interviewing techniques, company research and forming questions. In addition, a student profile book or résumé book with student vision/mission, skills and background may be provided to recruiters.

With luck (good economic conditions, e.g.), the results of this collaborative preparation will be one or more interviews and one or more offers for employment.

If the learning is good, earning (i.e., placement) is more likely to happen, even if the economic scenario is not so good. However, even with preparation and luck, actual placement will depend upon the personalities involved and an alignment of personal values with the values and culture of the organization.

The bottom line, don’t expect an “arranged” placement.

Dr. William A. Verdini
Associate Dean and Director of External Relations
MYRA School of Business
Professor Emeritus, Arizona State University
W. P. Carey School of Business, Supply Chain Management

Learning Factors in Business Education

As you enter business school, an overwhelming feeling of stepping into a highly challenging and competitive environment may overcome you; though true to some extent, this is also the time when you will make lifelong friends. Working and learning together in teams, you will have a lot to learn from each other, and would recognize that collaboration delivers far better results.

Some of you may possibly feel that your first year in business school could be stressful. But then, stress is created in different ways, through self-inflicted academic pressure, intolerance, poor time management, setting unrealistic expectations and so on. In such a situation, you would benefit immensely by sharing your feelings with your class study group, your faculty mentors, and easily accessible members of your family. Some business schools offer counselling support where qualified counsellors are available and so students needing professional help would be well advised to use such support early.

You should avoid being lulled into a false sense of complacency like assuming that your previous academic record would be a dependable forecaster of your capabilities at business school. Instead, you would be well advised to appreciate that business education is more intuitive and more nebulous than areas like engineering or accountancy. These sciences are built around clearly quantified, measurable facts, whereas, in business education, you are not only deciding on the basis of imperfect information, but very often also dealing with people issues.

While you may feel that mere academic performance is the defining benchmark of success, this is not validated by factual experience; you must also work on and develop equally important aspects of your personality like holistic self-development, co-curricular learning, social skills, sensitivity to society at large, and last but not the least, team work.

Very often, like at school, you may feel that learning at business school too is similar: the faculty will teach and you will learn from them. However, the reality is that such learning takes place via three interconnected processes: from faculty, from self-study & self-analysis and from peer experience.

Again, mere gaining of admission into business school is by itself not a guarantee of your getting your dream job; the reality is that your goal of getting your dream job calls for single minded focus supported by tremendous effort and work on your part. Your placement depends on your place ability and that alone will help you in finding the job you aspire for. While the business school can facilitate the placement process, it is only you who has to face and interact with the recruiting organization on a one to one basis. You can of course make things easier for yourself by working closely with the Student Clubs and Placement Committee in your institution.

You can make the most of your business education by keeping in mind the key mantra ‘Burn to learn and learn to earn’!

Mr. I V Ranga Rao
Executive Director – Student & International Affairs
MYRA School of Business

Learning Factors In Business Education

As you enter business school, an overwhelming feeling of stepping into a highly challenging and competitive environment may overcome you; though true to some extent, this is also the time when you will make lifelong friends. Working and learning together in teams, you will have a lot to learn from each other, and would recognize that collaboration delivers far better results.

Some of you may possibly feel that your first year in business school could very stressful. But then, stress is created in different ways, through self-inflicted academic pressure, intolerance, poor time management, setting unrealistic expectations and so on. In such a situation, you would benefit immensely by sharing your feelings with your class study group, your faculty mentors, and easily accessible members of your family. Some business schools offer counseling support where qualified counselors are available and so students needing professional help would be well advised to use such support early.

You should avoid being lulled into a false sense of complacency like assuming that your previous academic record would be a dependable forecaster of your capabilities at business school. Instead, you would be well advised to appreciate that business education is more intuitive and more nebulous than areas like engineering or accountancy. These sciences are built around clearly quantified, measurable facts, whereas, in business education, you are not only deciding on the basis of imperfect information, but very often also dealing with people issues.

While you may feel that mere academic performance is the defining benchmark of success, this is not validated by factual experience; you must also work on and develop equally important aspects of your personality like holistic self development, co-curricular learning, social skills, sensitivity to society at large, and last but not the least, team work.

Very often, like at school, you may feel that learning at business school too is similar: the faculty will teach and you will learn from them. However, the reality is that such learning takes place via three interconnected processes: from faculty, from self-study & self-analysis and from peer experience.

Again, believing that mere gaining of admission into business school is by itself a guarantee of your getting your dream job; the reality is that your goal of getting your dream job calls for single minded focus supported by tremendous effort and work on your part. Your placement depends on your place ability and that alone will help you in finding the job you aspire for. While the business school can facilitate the placement process, it is only you who has to face and interact with the recruiting organization on a one to one basis. You can of course make things easier for yourself by working closely with the Student Clubs and Placement Committee in your institution.

You can make the most of your business education by keeping in mind the key mantra ‘Burn to learn and learn to earn’!

I V RANGA RAO

Executive Director

Student & International Affairs

MYRA School of Business